EANS-Adhoc: Versatel AG / Initiation of squeeze-out procedure

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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02.08.2011

02.08.2011

Ad-hoc-announcement pursuant to sec.15 para. 1 sentence 1 WpHG

Initiation of squeeze-out procedure

Today, VictorianFibre Holding GmbH, Düsseldorf, Germany, submitted to the
Management Board of Versatel AG, Berlin, Germany (ISIN DE000A0M2ZK2/ WKN
A0M2ZK), a formal request according to sec. 327a German Stock Corporation Act
(Aktiengesetz-AktG) for a resolution to be passed at a General Meeting of the
company´s shareholders to transfer shares held by the remaining shareholders
(minority shareholders) to VictorianFibre Holding GmbH as majority shareholder
in return for an adequate cash compensation (so-called squeeze-out). This
measure is subject to approval of a General Meeting of Versatel AG. The relevant
resolution is to be passed at a separate Extraordinary General Meeting which is
expected to take place before the end of 2011.

VictorianFibre Holding GmbH holds more than 98 % of the issued share capital of
Versatel AG and therefore is the majority shareholder of the company according
to section 327a para. 1 sentence 1 AktG.

Berlin, 2nd of August 2011

The Management Board

Further inquiry note:
Steffen Vogel
Rechtsabteilung
Tel:: +49 (0)211 52283 556
E-Mail: [email protected]
end of announcement euro adhoc
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issuer: Versatel AG
Aroser Allee 72
D-13407 Berlin
mail: [email protected]
WWW: http://www.versatel.de
sector: Telecommunications
ISIN: DE000A0M2ZK2
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English

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